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Monthly Archives: March 2025
In February, new home sales in the United States were 0.676 million, falling short of forecasts
Written on March 25, 2025 at 9:23 pm, by davin
New home sales missed expectations; AUD/USD rose, EUR/USD fell, gold held steady, and Solana surged past $145.
Goldman Sachs upgrades GBP forecasts for GBP/USD and EUR/GBP, citing UK growth and political stability
Written on March 25, 2025 at 9:21 pm, by davin
Goldman Sachs raises GBP forecasts, citing UK growth, fiscal discipline, services strength, political stability, and favourable rate differentials.
The Pound Sterling shows a slight increase against the USD, reflecting broader market trends
Written on March 25, 2025 at 8:53 pm, by davin
GBP/USD rose 0.2% amid easing trade concerns, but support at 1.2870 remains critical for bullish momentum.
The AUDUSD is rising, maintaining above moving averages, suggesting momentum shift and potential further gains
Written on March 25, 2025 at 8:51 pm, by davin
AUDUSD rises above key moving averages, holding support. Resistance at 0.6338; sustaining momentum is critical for continuation.
The USD/CAD pair weakens to approximately 1.4280 during North American trading amid US Dollar declines
Written on March 25, 2025 at 8:23 pm, by davin
USD/CAD fell to 1.4280 as tariff concerns eased, reducing USD appeal despite strong US Services PMI data.
Meta and Apple are driving a bullish tech sector, while semiconductors face challenges amidst mixed market sentiment
Written on March 25, 2025 at 8:21 pm, by davin
Tech stocks rise, led by Meta and Apple, while semiconductors struggle. Market sentiment remains mixed across sectors.
In the eurozone, industrial optimism helped the composite PMI increase to 50.4 from February’s 50.2
Written on March 25, 2025 at 7:53 pm, by davin
Eurozone PMI rose to 50.4 in March, signaling expansion, driven by German manufacturing optimism and fiscal spending.
February’s US new home sales reached 0.676M, slightly below forecasts, with regional variations observed
Written on March 25, 2025 at 7:51 pm, by davin
New home sales reached 0.676 million in February 2025, with regional variations and affordability challenges persisting.
In March, the Redbook Index in the United States rose to 5.6% from 5.2%
Written on March 25, 2025 at 7:23 pm, by davin
Redbook Index rose 5.6%, EUR/USD above 1.0800, Gold bullish, World Liberty Financial launching USD1 stablecoin.
The NZDUSD tested the 200-bar MA multiple times, while eyes turn to 100-day MA support
Written on March 25, 2025 at 7:21 pm, by davin
NZDUSD holds support at 200-bar MA, rebounding above 100-day MA; key resistance at 100- and 200-hour MAs.
